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t. e. The City of London Corporation, officially and legally the Mayor and Commonalty and Citizens of the City of London, is the local authority of the City of London, the historic centre of London and the location of much of the United Kingdom 's financial sector. In 2006, the name was changed from Corporation of London as the corporate body ...
One of the key taxes introduced by Charles II was to help pay for the rebuilding of the City of London after the Great Fire in 1666. Coal tax acts were passed in 1667 and in 1670. The tax was eventually repealed in 1889. [2] In 1692, the Parliament of England introduced its national land tax. This tax was levied on rental values and applied ...
The Inland Revenue was created by a merger of the Stamp and Taxes Office and the Excise Office in 1849; in 1854 the Excise Office staff were moved from their old headquarters in the City of London into the newly built New Wing. [42] Somerset House continued in use by the Inland Revenue throughout the 20th century.
The chief executive of the Corporation holds the ancient office of Town Clerk of London. The city is a ceremonial county which has a Commission of Lieutenancy headed by the Lord Mayor instead of a Lord-Lieutenant and has two Sheriffs instead of a High Sheriff (see list of Sheriffs of London), quasi-judicial offices appointed by the livery ...
The London Archives (previously known as the Greater London Record Office 1965–1997, and London Metropolitan Archives 1997–2024) is the principal local government archive repository for the Greater London area, including the City of London. It is administered and financed by the City of London Corporation, and is the largest county record ...
London had the fifth largest metropolitan economy in the world in 2011 according to the Brookings Institution. [ 12 ] Some of its neighbourhoods have estimated per capita GVA as high as £116,800 ($162,200). [ 13 ] The London fiscal surplus, £32.5 billion in 2016–17, [ 14 ] mostly goes towards funding services in other parts of the UK.
Aug. 17—NEW LONDON — The City Council has approved a 20-year tax abatement for developers of an apartment complex that would make use of a long vacant plot of land at 174 Bank St. The payment ...
Local government in Greater London, England takes place in two tiers; an upper tier and a lower tier. The upper tier authority is the Greater London Authority (GLA), controlled by the Mayor of London and the London Assembly. The lower tier authorities are the 32 borough councils and the City of London Corporation in the City of London.
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